Accounts Payable Best Practices

CEU Approved | Pre Recorded

The truth is that companies ignore accounts payable best practices at their peril and the impact is felt on your bottom line. It's that simple—yet some organizations continue to turn a blind eye to the leakage that occurs due to poor or inefficient process in their AP operations. Don't be one of them!

The accounts payable function is changing at a dizzying pace. Unfortunately, keeping up to speed these days can be like herding cats. While some best practices remain steadfast, others simply no longer work and are being replaced by new practices just now appearing

Join this session by expert speaker Mary S. Schaeffer, where she will include a discussion of the newest best practice every organization should implement to ensure crooks don't get their hands-on money or sensitive information.

Session Highlights:

Improve your invoice processing

Implement effective payment technologies

Comply with regulatory issues affecting the payment process

Avoid costly mistakes due to spoofed emails

Create effective expense reporting policies

Avoid costly master vendor file practices

Deter fraud (both internal and external)

Why You Should Attend:

She will also provide “Almost Best Practices”, where applicable, recognizing constraints that sometimes prevent the use of recommended best practices. And she'll conclude by identifying practices to be avoided at all cost. She will provide the best visibility and importance of the accounts payable function, and the best practices are something with which every professional need to be conversant.

Who Should Attend:

CPAs

Controllers

CFOs

Tax Managers

President

Vice President

Finance Directors

Accounts Payable Professionals

Bookkeepers

Advanced Preparation: None

Program Level: Intermediate

Prerequisites: Basic knowledge of Accounting

Field of Study: Accounting

*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it as per your convenience.

Mary Schaeffer

Mary S. Schaeffer is the founder of AP Now, a B2B learning and information organization focused on creating business intelligence around the accounts payable and payment functions. The host of the AP Now podcast, she has also written 18 business books and is a frequent and popular speaker at both online and live events. Schaeffer has created a number of CPE self-study courses, customized training and online training events.

She is the developer of the Accounts Payable Best Practice Certificate program. Previously she held positions as an Assistant Treasurer for the Equitable Life Assurance Society, a Financial Risk Manager for O&Y and a Corporate Cash Manager for Continental Grain. She has an MBA in Finance from NYU and a BS in Mathematics from York College (CUNY).

Edupliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 844- 810-1151.

PLEASE NOTE: To receive credit through the NASBA for this program you MUST attend the Live program in its entirety and complete the required progress checks.